Minimum offer to $20, nixes min commissions — Sedo lowers

Changes ought to add liquidity to domain market.

Sedo is making two big changes to its domain name marketplace. It’s a trial in place until the end of the year for now.

First, it is lowering its minimum bid from $90 to $20. If you complained regarding receiving $90 offers in the past, then you might want to set up a custom minimum bid for your domains. You can do this through the online system or contact your account rep to make this change.

Second, it is removing the $60 minimum commission on most domain names. (It calls these “Category 1” domains.)

This ought to add liquidity to the low end of the market. It didn’t make sense to sell a domain for $90 if you only netted $30.

Afternic previously lowered its minimum offer to $20. It charges a $15 minimum commission.